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MSNBC
Feb 16, 2013 7:00am PST
quote million americans will benefit from it, but it is good for the economy, because if they have extra money in the pocket, they will spend it, and that is held p pful to the -- helpful t the economy, and so businesses will see people coming in with a little extra cash to spend, and we are hoping that with the people behind it, it will put pressure on the congress to do something. >> and we have heard the counter argument that raising the federal minimum wage will reduce the number of jobs available and hurt small businesses.
WETA
Feb 21, 2013 6:00pm EST
investments. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in the capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news." >> this is bbc world news america. i am cathy kay. oscar pistorious is not the only one on trial for a killing. the lead detective is facing charges of attempted murder. a car bomb explodes in damascus. aind in the deep, we join an expedition hunting for species we may never have seen before. ♪ >> welcome to our viewers on public television and in america. faces chargesuus of killing his g
CNBC
Feb 12, 2013 7:00pm EST
the president's take on the economy. but will he make a compromise deal on the budget cut iting se quester. "the kudlow report" begins right now. >> first up, this evening let's set the scene for tonight. aamon joins us now from the hill. what is the buzz about tonight over there good evening to you. >> reporter: well good evening larry. if history is any guide, the last 12 to 18 months might represent the opportunity. after that, history shows that second term presidents tend to peter out a bit. the president knows what is at stake here tonight. but especially the economy we have exerts from what the president is going to say. he is going to say it is our generation's task then to ignite the true engine of economic growth. we are going to hear from republican senator marco rubio. he is going to give the official response. he says this opportunity to make it to the middle class or beyond no matter where you start out in life isn't be stowed on us in washington. sol larry, two different positions tonight. >> all right many thanks. appreciate it. we know the president opposes the see
FOX Business
Feb 17, 2013 1:00am EST
way and mild way and raise the minimum wage that it has a positive efft on the local economy. positive effects in terms of lower training costs and turnover and less lost time at work and dedicated employees, so small businesses, mid size and large businesses benefit from in, as well as local government because they don't have as many people relying on social services. so, the data doesn't back that up. in fact, it's a positive thing he when we do it in a planful fashion to raise the minimum wage. >> on this issue, just like an economist. on the one hand, on the other hand, there are studies on both sides. but jonas there is an argument that higher minimum wages reducing turnover, which lessens the costs of employers and could incase employments. >> you would never leave the job if you could get it, it's a pretty good wage. negatives and benefits. both sides of kind of right. if the minimum wage is low $2, it wouldn't disrupt the job market. if it's $50, high unemployment, but a-- there's obviously a level between there where the negatives would exceed the positives. there ar
PBS
Feb 12, 2013 4:30pm PST
their local economies, but critics say they're aiming to get ahead by weakening their currencies. that and more tonight on "n.b.r." we're hours away from president obama's state of the union address. americans aren't just listening for what he says but how he says it. will he strike a hopeful or optimistic tone, and will he offer a concrete plan to create jobs and grow the economy? washington bureau chief darren gersh reports. >> reporter: with more than half of americans thinking the economy is still in recession, it makes sense that the president is focused on a jobs agenda in his speech tonight. but while his plan may be new, the challenge is not. >> the economy is not growing fast because the demand for the goods and services that we can produce in this country has not increased very much. and unfortunately, the public sector purchases of consumption items and investment items has been incredibly weak compared with earlier recessions. >> reporter: state and local speing on roads, buildings and bridges has hit a seven-year low. it's fallen so far that even the massive stimulus plan
CSPAN
Feb 16, 2013 1:30pm EST
appreciate the opportunity to be here today and discuss with you cbo's outlook for the budget and economy for the next 10 years. are analyzing shows that the country continues to debate a very large economic challenges. i will discuss the economy first and then i will turn to the budget. we anticipate economic growth will remain slow this year because of the gradual improvement in underlying economic factors will be offset. the good news is that the effects of the financial and housing prices appear to be gradually fading. we expected a upswing in housing construction and increasing availability of credit will help spur a virtual cycle of income, consumer spending, and business investment over the next few years. however several policies that will help bring down the budget deficit will result in a drag in economic activity. the increase in tax rates and the cuts in federal spending scheduled to take effect next month will mean reduced spending by both households and the government. we project an inflation adjusted gdp will increase by about 1.5% in 2013. it would increase roughly 1.5 percent
CSPAN
Feb 13, 2013 5:00pm EST
process reforl, budget enforcement and the economy. the plan lays out an initial schedule for hearings, similar to what this committee traditionally does. this schedule is not binding and does not preclude the committee from holding hearings on other topics as need arises or circumstances change this plan has been chaired with all members of the committee and my understanding is that there will be no amendments. without objection, the oversight plan is considered as read. i now recognize the gentleman from california, mr. campbell, for the purpose of offering the necessary motion to adopt the oversight plan. >> i move that the committee adopt the chairman's mark as the oversight plan for the committee on budget for the 113th congress. >> the question is on the motion offered by the member from california, those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the ayes do have it. the oversight plan is adopted. i ask unanimous consent that the committee be authorized to issue and print copies of the compilation of laws and rules regarding the
PBS
Feb 20, 2013 7:00pm EST
the economy, by buying government bonds. >> susie: i'm susie gharib. can two weaklings become strong by teaming up. that's what office depot and office max are hoping for, as they decide to merge. >> tom: and a mixed picture on housing, contractors break ground on more single family homes, but pull back on building apartments and condos. >> susie: that and more tonight on "n.b.r."! how much longer should the federal reserve continue to stimulate the economy? that question was intensely debated at the central bank's policy meeting in january according to the minutes released today. stocks sold off on that news, as investors worry the fed might taper off its stimulus program, sooner than expected, and before its goal of seeing a big pick up in the job market. the fed has been buying $85 billion of mortgage backed securities and treasuries every month to pump up the economy. here's what those fed minutes revealed: "many" policymakers voiced concerns about "potential costs and risks" from more bond buying. others said that the easy-money policies might encourage "excessive risk-taking" a
CNN
Feb 16, 2013 6:30am PST
the economy comes to life. norfolk southern. one line, infinite possibilities. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> the united kingdom is in disarray after horse meat was found in products intended for humans. dinners supplied to schools in northern england included. officials have raided five meat plants and arrested three workers so far. as many as 10,000 products still need to be tested. >>> back in the u.s., the obama administration says as of today they won't take any more applications for the pre-existing condition insurance plan because of limited funding. it's a stop gap program to help people with medical problems who cannot get private insurance right now. new legal provisions kick in january 1st of next year, barring insurers for turning anyone away for poor health. >>> thanks for watching this morning. i'll see you back here at the top of the hour. "your bottom line" starts right now. >>> thank you, susan and victor. we'll see you at the top of the hour. we know what we've
CSPAN
Feb 14, 2013 1:00am EST
crisis since the great depression. we need to reignite growth. our economy is in better shape today. over the past four years, the private sector has created more than 6 million jobs. rules are in place. taxpayers are not responsible for big firm fails again. the housing market is recovering and home values are stabilizing. we have isolated iran from the global financial system and establish the toughest sanction regime in history. we have sent a series of trade agreements to open markets for american goods and level the playing field for american workers and businesses. our auto companies are growing and innovating and creating jobs. we have made substantial progress reducing our deficit in a balanced way. we are in a better position today, but the work remains unfinished. our top priority is to strengthen the recovery by fostering job creation and economic growth while we make sure that our economy remains resilient to the headwinds beyond our shores. that means making it easier to tell american made goods abroad and expanded infection in the united states. that means working with
CNN
Feb 16, 2013 9:30am EST
know what we've recovered from. the minimum wage economy, is that what we're recovering to? good morning, i'm christine romans. 28 months in a row, 6.1 million jobs created in the past three years, but the jobs we're adding are not the same quality as the jobs we lost. survey from rutgers university finds 60% of people who found work in six months settled for lower pay. these aren't jobs you can send a kid to college on or buy a house. president obama detailed his blueprint for boosting the middle class. the only new proposal was an old one, raising the minimum wage. >> let's declare that in the wealthiest nation on earth, no one who works full time should have to live in poverty and raise the federal minimum wage to $9 an hour. >> free action was swift and fierce. conservatives say, hey, that's a jobs killer. progressives say it lifts families out of poverty. the problem, you can't find studies to support just about any position. a study found the new minimum wage actually means fewer jobs for low-skilled workers but a study by alan krueger concludes minl mihm wage hikes dewpoin
CNN
Feb 17, 2013 1:00pm EST
two biggest economies in the world. first up, on tuesday in the state of the union, president obama challenged congress to vote on proposals to get weapons of war off our streets. but will it happen? can it happen? we'll talk to a world leader who made it happen in his nation. >>> then, larry summers on how to create jobs in america. the former treasury secretary on how the president can achieve the goals he laid out for the economy. >>> then, many worry that the world's second largest economy is headed for a crash. a rare inside look at the inner workings of the chinese economy. what's really happening there? >>> also, what in the world will get north korea to end its nuclear ambitions? i'll give you my plan. but, first, here's my take. president obama's state of the union address presented an expanded vision of smart government to create jobs and revive the economy. it had many important ideas in it. yet, he lowered his sights on the single policy that would both jump start the economy in the short term and create the conditions for long-term growth. infrastructure spending, havin
PBS
Feb 13, 2013 7:00pm EST
reports strong earnings and record revenues, but the company's c.e.o. says the tough economy is dragging down results. and alamos gold, goes digging for investors, on wall street. it made its trading debut here at the big board. that and more tonight on "n.b.r."! >> susie: everyone from american workers, to business leaders, and investors had a strong opinion today about the minimum wage. they were reacting to president obama's proposal to increase the minimum wage to $9 an hour, up from $7.25. the plan was unveiled in the president's state of the union address last night. and today it re-kindled a nation-wide debate of whether the measure would help or hurt workers and businesses, and the economy. darren gersh reports. >> reporter: supporters of a higher minimum wage increase point to studies showing little impact on employment after the pay at the bottom of the job market goes up. one reason is that employers may actually come out ahead when they are forced to pay workers more. productivity and job satisfaction improve and turnover falls. >> so employers get to reap the benefits of low
CSPAN
Feb 14, 2013 6:00am EST
the state of the economy. about half of nondefense discretionary spending can be viewed as investments either in physical structures or in people in the form of education and training. not all that money is spent well. but some of it is clearly spent for things that the private sector would not otherwise provide. and some of those projects can then have high rates of return and boost the economy in significant ways over time. i think the -- one concern that people have raised about the cutbacks in discretionary spending as a share of g.d.p. that are in place under the sequester but even under the original cast, people have expressed concern that can end up limiting the investment that the federal government does, but it's hard to know for sure because your colleagues haven't made specific choices yet. on helping to refinance, i don't know precisely what his proposal is. we will see that when he releases his budget, we have done analysis of different ways of encouraging more refinancing. and that could have a positive effect on the economy. in addition to helping those house
WHUT
Feb 14, 2013 7:30am EST
. >>> european leaders are asking members not to miss the forest for the trees. they say the region's economy is far from being out of the woods. ron madison is here with more on the latest data that is out. ron? >> lots for member nations in the eurozone to take into consideration when they consider the entire block. the eurozone still definitely struggling as the region continues to slow down. the economy for the common currency block is struck now for a third straight quarter. the european union's data office announced gross domestic product for 2012 contracted 0.6% from the previous quarter. that follows negative growth of 0.1% growth from the previous period. portugal saw 1.8% negative growth. spain coming in at 0.7%. italy at 0.9%. the leading economies also shrank, germany contracted 0.6%. france by 0.3%. in terms of greece, its economy shank 6% compared to a year earlier. for the whole 2012, the whole economy contracted by .5%. in 2011 the single currency area grew by 1.4%. >>> near japan gross domestic product shank slightly for 2012 for the october to december period. it does mark the
CSPAN
Feb 12, 2013 10:30pm EST
free economy where people can risk their own money to open a business. when they suck they hire more people who -- success they hire more people. presidents in both parties from john f. kennedy to ronald reagan have known that our economy is the source of our middle class prosperity. but president obama, he believes it is the cause of our problems. that the economic down tun happened because the government did not tax enough, spend enough, or control enough. as you heard tonight, his solution to virtually every problem we face is for washington to tax more, borrow more, and spend more. this idea that our problems were caused by the government that was too small, it is not true. in fact, the major cause of our recent downturn was the housing crisis created by the government policies. the idea that more taxes and more government spending is the best way to help middle-class taxpayers is an old idea that has failed. it will not help you get you ahead it will hold you back. it will limit your opportunities and more government isn't going inspirnse more idea, new businesses, it's going to
CSPAN
Feb 16, 2013 8:45pm EST
leaders don't find the courage to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. [applause] >> thank you john for your very kind introduction and the invitation to speak at the heritage foundation today. it's a great privilege to be here. i have always been a great admirer of heritage and the council and in many cases the friendship of many people here at heritage for a very long time i have also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which i think is the intention of the heritage foundation to the power of culture, by which i mean people believe ideas, habits and expectations in the way that these achieve some form of institutional expression. this issue of culture and how it relates to the economy is at the heart of my book, "becoming europe" because at one level becoming europe is certainly about what has happened in europe and why it is now regarded as the sick ma
CSPAN
Feb 13, 2013 6:00am EST
. what is holding us back? let's streamline the process and help our economy grow. these initiatives and manufacturing, and energy, infrastructure, housing, all these will help entrepreneurs in small business owners expand and create new jobs. but none of it will matter unless we also equipped our citizens with the skills and training to fill those jobs. [applause] and that has to start at the earliest possible age. you know, study after study shows that the sooner a child begins learning, the better he or she does down the road. but today fewer than three in 10 four-year-olds are enrolled in a high quality preschool program. most middle-class parents cannot afford a few hundred bucks a week for a private preschool. and for poor kids, who need help the most, this lack of access to preschool education can shatter them for the rest of their lives. so tonight i propose working with states to make high-quality preschool available to every single child in america. [applause] every dollar we invest in high quality childhood education can save seven dollars later on by boosting regulation r
NBC
Feb 12, 2013 6:00pm PST
feels like his theory of the economy has been validated by re-election and let's not forget, economic restoration is still the major goal. he has a lot of opportunities, and a lot of emotion tonight is around new gun laws, new gun control measures. some momentum. we'll see what can happen. immigration reform, bipartisan movement there. but i'll tell you, brian, this is a very difficult atmosphere over taxes and the budget. i spent some time with speaker boehner today. who said the president doesn't have the guts to take on spending. doesn't have the courage to take on liberals in his own party. these sides are really far apart on something as fundamental as how we deal with spending and the debt in our country. and that's going to be part of the back drop tonight. >> the relationship right now between the two men who will be feet apart tonight, the president and the house speaker, just seem so -- bordering on toxic. certainly mocking and combative in tone, and has been that way at least publicly for some time. as we watch -- there is kelly o'donnell there on the right, who is availabl
PBS
Feb 13, 2013 1:00am PST
year, there are fresh worries about the state of the u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come from tonight's state of the union. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, why ailing smartphone maker blackberry is hoping the sports market will help it on its road to recovery. we'll explain in tonight's "beyond the scoreboard." a "silly sideshow--" that's what apple c.e.o. tim cook called a recent lawsuit filed by hedge fund manager david einhorn. speaking at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and return more money to shareholders. einhorn a
CNBC
Feb 20, 2013 7:00pm EST
which takes place over more than one year. it comes out of the economy, just not in one year. if you look at the nonpartisan shops who have looked at the impact on the economy, they all coalesce around one number. they say this sequestration if it takes effect and holds will take about .5% of gdp growth out of the 2013 economy. now, that doesn't sound very good to me. we were just talking about how the economy's already growing too slow as far as we're concerned. i don't believe the fourth quarter recessionary number. i think that's going to be revised up. but if you think this is an economy that can take a 50-basis point whack to gdp growth, perhaps we're in a different world. >> here's the thing, let's go through this. 44 billion is the real number and it's funny, i found this today courtesy of my friend. what is that? $44 billion of spending cuts is 2 1/4 of 1% of gdp. so these are such tiny -- but the benefits, the benefits of confidence and certainty and free markets, i think vastly overwhelm these keynesian multipliers. >> and there's really no such thing as a keynesian multipl
FOX
Feb 12, 2013 10:30pm EST
life, it isn't bestowed us from washington. it comes from a economy where people can rick their own money to open their own business and hire more people to help others start a business and create jobs. presidents in both parties from john k.kennedy and ronald reagan that free enterprise economy is the source of our middle-class prosperity. the president obama, he believes it's the caution of our problems. the economic downturn happened because our government didn't tax enough, spend enough or control enough. therefore, as you heard tonight his solution to virtually every problem we face is for washington to tax more, borrow more and spend more. this idea that our problems were caused by a government that was too small is just not true. in fact, the major cause of our recent downturn was a housing crisis created by reckless government policies. the idea that more taxes and more government spending is the best way to help hard working middle-class taxpayers, that is amp old idea that has failed every time it has been tried. no government is going to help you get ahead, it is going to
WETA
Feb 15, 2013 12:00pm EST
. >> welcome to the program, lessons and instructions about the global economy beginning with jay fishman, chairman & ceo of travelers. >> september of '08, so a long time ago lehman brothers went bankrupt and there was lots of discussion in corporate america about uncertainty. and that was what was keeping corporate leaders from investing. and i am one. i have 30,000 employees and we manage business that looks to the future. that's what we worry about in the insurance business, what is the future going to bement and i couldn't put my finger on what that uncertainty is. and that lead us into a deep dive not numbers. that's who we are. we are a numbers company, very data oriented. and we did a deep dive. and the numbers are stunning. >> rose: we conclude with adam posen, president of the peterson institute. >> for those there are sort of two things, the real versus the monetary, the you have to suffer for your sins versus you have to stop the panic. those are in the sense would be the two schools. >> rose: you're in favor of stopping the panic. >> absolutely. >> rose: and not suffe
CSPAN
Feb 16, 2013 12:40pm EST
? well, some say we don't need to do anything, because a growing economy and the accompanying revenue will be enough to both pay the bills and create a stronger kentucky. my friends, with all due respect, that is simply not reality -- and the math shows it. yes, the economy and our revenues are projected to grow, but not fast enough to even keep up with expenses, much less to address fundamental weaknesses. secretary of the cabinet mary lassiter, who has been putting together state budgets for 15 years, testified in great detail yesterday before a joint meeting of the appropriations and revenue committees. she showed with overwhelming evidence how anticipated growth will be more than eaten up by decisions you and i made in previous sessions. assuming we hit the consensus forecasting group's out-year prediction of about 3 percent growth -- and yes, that's an assumption -- any new revenue will have to be used to cover things like structural imbalances, obligations to health care and pensions, inflationary growth in medicaid, and health insurance for teachers and state employees. the pro
PBS
Feb 13, 2013 7:00pm PST
s sequestration, what does that mean for the economy? >> i think most people are already figuring some sequestration for several months in their outlook. we know it is an across the board cut and it hits defense pretty hard. if it is only for a few months, the world won't end. if it lasts longer than that, we need to talk. it is not help to an economy that is muddling through to begin with, as you know. >> susie: you know, there is a sense of complacency about these washington deadlines, that somehow they'll work through it and we won't have that problem on march 1st. there were some reassuring words from president obama last night. what do you think will really happen coming march 1st? >> i think the march 1st sequestration will hit, and that means there will be across the board fiscal cuts. and massive tax increases could have taken place, but sequestration won't put us into a recession, but it takes a little of the edge off for things starting to look a little better in our economy. >> susie: you mentioned a moment ago about our economy muddling through and that was one of your
PBS
Feb 15, 2013 4:30pm PST
ministers and central bankers from the world's biggest economies meet to debate spending cuts versus growth. we look at international investing and pockets of strength around the globe. and, hedge fund manager carl icahn ups his stake in herbalife, calling the vitamin maker a legit business. that and more tonight on "n.b.r." investors spent much of this week focused on the u.s. market with major market indexes hitting five-year highs. but now the spotlight is shifting overseas. g-20 finance ministers and central bankers are meeting in moscow over the weekend. they will be debating the need for austerity, versus the need to spur growth. no one expects a quick turnaround for the european economy, which has been mired in recession. but as erika miller reports, that may make now a good time to invest. >> reporter: it would makes sense that american investors would be loading up on u.s. stocks with the market here doing so well. but they're not. last week, investors in stock mutual funds put virtually all their cash in international markets. more than $3 billion went into funds holding in
FOX News
Feb 12, 2013 8:55pm EST
. we're told that the president will use this speech tonight to shift heavily to the economy, shifting the emphasis away from the broad social agenda of his second inaugural address, to focus on manufacturing and infrastructure, other investments and research and education. the house speaker today called that more spending, charged that on the issue of tackling the deficit and debt, quote, i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party, and never has. as you see, the cabinet, i believe, those are coming into the house chamber. and basically, this is the mood. that's the mood up on capitol hill. the house speaker capturing some of that today at this breakfast. one report this week said this speech will be less a presidential olive branch than a congressional cattle prod. white house house secretary jay carney pushed back from the aggressive moniker on special report, finding out who is characterizing it more accurately. we're waiting now for the announcement of the supreme court justices to come into the house c
CSPAN
Feb 17, 2013 9:30pm EST
that i has dogged our economy or the last few years, is that no one wants us to go back to 110% mortgages that we had during the boom times, but weo need to make available to young people the chance that both earning decent salary to be able to buy a case of flood or a decent house th a mortgage that doesn't require a massive deposit. that hasn't been possible for people in recent years and i ink the bank of england move on funding for landings scheme from 80 billion pounds is now going through to the mortgage market and making available lower mortgages at a decent a long-term rate. and that's great. >> thank you, sir. [shouting] [laughter] >> further to the exchange to the leader of the opposition earlier, can ask the prime minister if he will tell the house whether he will personally benefit from the millionaires tax cut, to be introduced in april? >> i will pay all the taxes that are due in the proper way. but the point i would make to him -- [shouting] the point i would make to him is that all the years he sat on this side of the house there was a top rated tax that was low
PBS
Feb 21, 2013 1:00am PST
role for the economy following a tough recession. darren gersh, "n.b.r.," washington. >> susie: joe davis joins us now, he's chief economist at vanguard, the giant mutual fund company. >> susie: joe, nice to have you with us on this important day. let me start by asking you, do you think the fed is taking on too much risk? >> i think there is an argument that can be made. we've had a concern for more than a year that there are both costs as well as benefits with respect to very aggressive monetary policy. and just some of the behavior we've seen in the financial markets. i know the report talked about excessive risk-taking. so i've had a concern that those costs associated with monetary policy may not have been given the sort of credence they should have been. so a positive development, in my mind, to today's minutes it was that federal reserve policy-makers were more aggressively talking about both the pros and cons wreaptwith respect to aggressive monetary policy. >> susie: one thing we've been hearing repeatedly from the federal reserve is they're not going to make any change in
Current
Feb 12, 2013 5:00pm PST
economy and rebuild the middle class. he's expected to call for compromise, and talk about searching for common ground, with republicans who deny the possibility of either. so long as mr. obama's in office. >> another litany of left-wing proposals with plenty of red meat for the president's base. >> john: because everyone thinks obama is left wing except people on the left wing. house speaker john boehner was even more dismissive. he told reporters today that the house republicans won't pass any part of the president's agenda this year except for immigration, and told mr. obama to stay out of it. and boehner also said the president lacked quote the courage to take on his heart on long-term spending, and that when it comes to cutting the deficit, and i quote, i don't think he has the guts to do it. mr. president, many economies believe that spending cuts are holding them back. boehner and his followers are not ready to compromise. 70% of voters say they would support a path of citizenship including the majority of republicans. but that number drops to 59% when president obama's name i
FOX News
Feb 13, 2013 12:00am PST
the economy, the recent weak economic growth, raising unemployment has sort of concerned them about the president's standing and so their goal tonight is to give the president talking about the middle class and get beyond the washington squabble about sequester and the process battles going on in washington, talk about the middle class. these democrats say the president will do that with some new plans and some old plans. a new one, for example, he'll talk about raising the federal minimum wage, they say from $7.25 per hour to $9 per hour and they also say the president's aides are previewing he will be calling once again he something he's called for a couple of years now, 50 billion dollars in new infrastructure money and as juan williams suggested, these democratic officials say the president will be going out on the road not just this week, but they say basically for the next six weeks. the white house plan is to drive a message about the middle class. several challenges though he'll be facing tonight and beyond, number one, how he's going to pay for all of this and deal with the
FOX
Feb 12, 2013 7:30pm PST
washington. it comes from a economy where people can rick their own money to open their own business and hire more people to help others start a business and create jobs. presidents in both parties from john k.kennedy and ronald reagan that free enterprise economy is the source of our middle-class prosperity. the president obama, he believes it's the caution of our problems. the economic downturn happened because our government didn't tax enough, spend enough or control enough. therefore, as you heard tonight his solution to virtually every problem we face is for washington to tax more, borrow more and spend more. this idea that our problems were caused by a government that was too small is just not true. in fact, the major cause of our recent downturn was a housing crisis created by reckless government policies. the idea that more taxes and more government spending is the best way to help hard working middle-class taxpayers, that is amp old idea that has failed every time it has been tried. no government is going to help you get ahead, it is going told you back. more government is not g
Search Results 0 to 49 of about 1,946 (some duplicates have been removed)